Form 4: Synchrony Financial Director Laurel Richie Reports Dividend Equivalent Unit Acquisition
SEC Form 4 Filing
Director Laurel Richie acquired 23 dividend equivalent units of Synchrony Financial on August 15, 2024, according to a Form 4 filing.
Summary
- On August 15, 2024, Laurel Richie, a director of Synchrony Financial, acquired 23 dividend equivalent units.
- The price per dividend equivalent unit was $45.89.
- Following the transaction, Richie directly owns 42,922 dividend equivalent units.
- These units are related to dividends paid on common shares underlying restricted stock units and vest proportionately with those units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of transaction: Laurel Richie acquired 23 dividend equivalent units. |
| 08/19/2024 | Date of signature on the Form 4 filing. |
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